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To: kabar
The economy is slowing down.

I'm in sales... and, I would agree. It IS slowing down. But, only from a RED HOT pace. 'Slowing down' is actually a good thing at the moment... as, it will eventually lead to less inflation and perhaps, lower interest rates.

72 posted on 06/19/2007 3:06:43 PM PDT by SomeCallMeTim
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To: SomeCallMeTim

If inflation is decreasing you don’t lower interest rates. You raise interest rates if inflation is increasing. The slowing down of the economy will lead to greater unemployment. We go through economic cycles so there will be a recession eventually. I wonder who loses their jobs first, the illegals or American citizens?


75 posted on 06/19/2007 3:18:04 PM PDT by kabar
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